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As power was restored throughout most of the Northeast, this city sweated through its second day without lights, air conditioners and, in many cases, even drinking water. Officials estimated that parts of the electrical system here would remain do...

August 16, 2003, Saturday

The DTE Energy Company, the owner of Detroit's utility, agreed to sell its power transmission business to affiliates of the closely held Kohlberg Kravis Roberts & Company and Trimaran Capital Partners for about $610 million. The sale, including 3,...

December 4, 2002, Wednesday

The DTE Energy Company and the MCN Energy Group proposed transferring an interest in a natural gas line to the Unicom Corporation to resolve concerns raised by the Federal Trade Commission over DTE's purchase of MCN. Terms of the agreement with...

September 7, 2000, Thursday

MCN Energy Group, owner of Michigan's second-largest natural-gas utility, agreed yesterday to sell its 95 percent stake in four coal-briquettes plants to DTE Energy for as much as $152 million. The plants compress waste from coal mining into briqu...

November 5, 1999, Friday

Two major Michigan utilities said yesterday that they would combine in a deal that would create the state's largest electric and gas company. The DTE Energy Company, parent of the Detroit Edison Company, is to buy MCN Energy Group Inc., parent of ...

October 6, 1999, Wednesday

The Southern Company, the Duke Power Company and four other utilities will be added to the Dow Jones utilities average, replacing six existing members. Editors of The Wall Street Journal said yesterday that they had overhauled the 15-member ave...